Word: truce
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After experimenting with accident and health policies for auto-racing drivers, test pilots and United Nations truce teams, the Continental Casualty Co. (assets: $419,761,432) was ready to solve one of the insurance industry's greatest longtime problems: a low-cost hospital-surgical plan for persons 65 and over. With the help of International Business Machines' wonder-working 705 computer, Continental devised a radical new policy procedure that cuts costs sharply and comes close to automating insurance for oldsters...
Randolph's record as a politician did not inspire confidence in his vote-getting ability; of his seven previous bids for a seat in Parliament, only one was successful -and that was during Britain's World War II political truce. Years ago, contending for Liverpool, he had said: "I don't want to go into Parliament to represent a lot of stuffy old ladies in Bournemouth. I want to fight for really hard-pressed people." Worse yet, though he was originally a staunch supporter of the Suez invasion, Randolph had recently embarrassed the Macmillan government...
...Truce. In London the Tory Party's inner council reacted to news of Randolph's foray into Bournemouth like a military headquarters that has just learned of an enemy breakthrough. Party Chairman Lord Hailsham galloped off to Bournemouth posthaste. At week's end, in a tense, three-hour session with Bournemouth Tory leaders. Hailsham persuaded them to accept the hated Nigel Nicolson again, if a private postal poll shows that he would win a majority of the 7,500 Tory voters in the. constituency...
...LABOR TRUCE has been signed by long-warring National Maritime Union and Seafarers' International Union, whose jurisdictional fights often halted U.S. ships. The two unions have allied to battle "flag of convenience" ships (TIME...
...Above all, the four-year-old Algerian Moslem revolt continues to drain France of $2,400,000 a day, and prospects for a negotiated end to the fighting, once considered high, were badly dashed last October, when the rebels angrily considered De Gaulle's soldier-to-soldier, "flag-of-truce" offer a humiliating proposal...